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    Carrefour warns on profit - again

    euronews (in English)

    by euronews (in English)

    Carrefour has issued its fourth profit warning in as many months as cash-strapped shoppers spend less. Europe's biggest retailer said it expects operating profit this year to fall by up to 20 percent; previously it had predicted a 15 percent decline. The news increases doubts about the French group's turnaround plan. ...